5221 47 ST Active

Barrhead,AB T7N 1H3

$ 2100000

- Bed

- Bath

15000 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type for sale

Square Footage 15,000 sqft

Price per Sqft $140

MLS Listing ID E4353431

Year Built 1984

Property Description

EXCEPTIONAL 21 unit Apartment building in the thriving Town of Barrhead, AB. This is the Quality High Return Revenue producing property you've been looking for in a low vacancy quality tenant community only 1 hr from Edmonton. Unrivaled among any comparable properties for it's Meticulously Maintained & Completely updated infrastructure inside & out. One of updates include a $120,000 plus Utility upgrade including High Efficiency Viessmann boilers & Electrical creating very important low operating cost for now & well into the future. 8 @ 2 Bdrm Townhouses, 2 @ 2 Bdrm, 10 @ 1 Bdrm plus Bachelor Suite. Spotless Laundry furnished w/ 3 sets of Commercial quality coin washers & dryers. This Building has been professionally owned & operated & updated w/ all the essentials for a complete No hassle, No major maintenance, No expense ease of management for the next 10+ yrs. High Quality Revenue Return, High Quality Structure, Long Term Tenants & High Quality Location. Increasing revenue w/ increasing rental rates

Location

State AB

Community Barrhead

Area Barrhead

Building

Story 2

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